$1,875,000
●
House -
Off Market
225 Palm Ave
Coronado, CA 92118
4 Beds
3 Baths
1,897 Ft²
$3,071,928
RealtyHop Estimate
57.53%
Since Oct 1, 2019
CA-San Diego
Primary Model
About This Property
Stunning ranch style, single story home in Coronado! This home has
been tastefully remodeled to preserve the classic features while
bringing to light a modern design. The minute you walk in you are
welcomed by a tranquility of inner peace with an abundance of
natural light. You are captivated by the traditional beamed
ceilings and charming built-ins throughout the home. Enjoy the
convenience of all 4 bedrooms and living areas being located on the
ground floor. This home will perfectly suit the lifestyle for
a primary residence or even use as a beach getaway house. Cozy up
by the fireplace for a quiet night in or spend an evening in your
outdoor oasis soaking in the ocean air. As one of the few lots here
in Coronado with no neighbor on either side of your home, the
ability to have a home on a corner lot is a rare find! Living here
conveniently gives you quick access on and off the island while
also being a short distance from the Coronado Ferry Landing to get
for an evening downtown San Diego.. Neighborhoods: Coronado
Village Equipment: Dryer, Washer Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,897 Ft²
Days on Market
48 days
Land Size
0.06 acres
Price per sqft
$1,028
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #190040245)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Jul 20, 2019 | Listed by Douglas Elliman of California | $1,950,000 | |
| Listed by Douglas Elliman of California | |||
| Sep 11, 2014 | Sold | ||
| Sold | |||
| Aug 1, 2014 | Listed by SoCal Premier Properties | $1,469,000 | |
| Listed by SoCal Premier Properties | |||
| | |||
|
Upgraded exterior matches the amazing remodel inside. This 1939 home was completely remodeled with high-end finishes making it feel brand new. Fall in love with the hardwood floors, beamed ceilings, formal dining room and built in cabinets that lend authentic character. A fireplace and laundry room add comfort and convenience all in a single level home! One of the best features is the private courtyard to enjoy the fine San Diego weather. Palm Park is across the street and walk to the bay or restaurants. Neighborhoods: Coronado Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Coronado
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Listed by: Alan Kinzel, Douglas Elliman of California
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190040245
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190040245
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